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Criticized in the book, big business. [inaudible conversations] if i could have your attention please. We will get started. The president is on the west coast for a fundraising trip so i am filling in for him. I have a brief chat which is to introduce our distinguished introducer. Megan is a Washington Post columnist who writes about economics, finance and government policy. She has previously written as a correspondent for the economist, the atlantic, newsweek, daily beast. Articles have appeared in reason, the guardian, New York Post and the new york sun. She is everywhere. She started one of the First Business economic blogs asymmetric information and authors a 2014 book the upside of down while feeling well is the key to success. In her spare time she appears as a commentator on fox news, msnbc and npr. She is degree ....
Spurs fears of a fed hold in december. The fcc opens the door for spot either etfs. Rate rises still on track despite the economy slide. We get to april cpi numbers. Plus hedge fund opportunities. We will get around of of some of the stock picks. Haidi looking pretty muted, tracking losses overnight, u. S. Activity data, signaling the fed might keep rates on hold. Bringing home the higher for longer narrative that has been a drumbeat of the past few sessions. We are seeing equity features across the board pointing lower to losses of more than 1 at the open. Sidney futures down by more than 1 . New zealand with losses of half a percent. We are getting april trade data today for new zealand, ahead of the budget at the end of the month. Chicago nikkei futures softer despite the reassertion that policy normalization is on track despite the weakness weve had in the latest string of data. China futures looking pretty tepid. Annabelle a bit of a downbeat mood and it follows but we had with wa ....
Welcome to daybreak australia. I am haidi stroudwatts in sydney we are counting down to asias major market opens. Annabelle im Annabelle Droulers in hong kong. Stock investors playing it safe with age and futures mixed and wall street flats. 10year treasury yields falling for the first time in six sessions. An auction draws tepid demand. Arm shares tumbling out a lukewarm revenue forecast raising concerns of the Tech Industry ai spending three spree slowing. Xi jinping lands in hungary counting ties to Eastern Europe as a boon for the chinese economy. Shery breaking news for the account balance for south korea. The trade surplus number for march widening to just under 8. 1 billion u. S. We are seeing the current account surplus also there widening to 6. 931 billion as well. We have seen quite a big move over the past ....
Watching daybreak asia coming to you live from new york, sydney and hong kong. Counting down to the major market opens in asia. Australia hasjt opened for trade, the top stories this hour, traders on edge ahead of a job support that might set the tone for the november meeting. The sec is feet seeking to force elon musk to answer further cushions about twitter shells after shares after failing to show up as reflected requested. And jim makes a six wage offer as the strike heads for a fourth week. We have the open of the asx 200 here, and sherry has breaking news around peru. We will watching peru cutting the reference rate to 7. 2 5 from 7. 5 . This is the second straight month that we are seeing this cut from the central bank and peru. Improve. Theyre very high given inflationary pressures in the country but we are starting to see more and more Central Banks across latin america start to cut, including brazil, and mexico. And now p ....